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146
Feb 16, 2012
02/12
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CSPAN3
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eye 146
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in an overall budget request that seeks to provide substantial government-wide deficit reduction i'm pleased to see that we have a proposed 3.2% increase in the department of energy budget. this is an investment in the nation's energy future that will boost our economic growth and global competitiveness and protect the environment and allow the u.s. to continue important nuclear nonproliferation work. in formed by the technology review which we had a hearing on a couple of months ago the department of energy's budget request cuts funding in mature technology areas and provides increased resources for the most promising clean energy innovations. this is an important step towards a national energy policy that invests in critical energy priorities within a framework of a sustainable fiscal policy. the department of energy's budget for the committee today supports a range of cutting-edge technologies that will enable us to lead in the global race for clean energy. increased investment in high performance executing and basic science will increase understanding and spur new energy technolo
in an overall budget request that seeks to provide substantial government-wide deficit reduction i'm pleased to see that we have a proposed 3.2% increase in the department of energy budget. this is an investment in the nation's energy future that will boost our economic growth and global competitiveness and protect the environment and allow the u.s. to continue important nuclear nonproliferation work. in formed by the technology review which we had a hearing on a couple of months ago the...
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80
Jun 28, 2012
06/12
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CSPAN3
tv
eye 80
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today's decision protects more than $1 trillion in deficit reduction. today's decision allows us to continue our work, replacing the current sick care system with a true health care system. one focused on wellness and prevention and public health and keeping people out of the hospital in the first place. the supreme court has made it clear what we have known all along, that those trying to block health care reform are standing on the wrong side of history. for those of us who believe that quality health care is a right and not a privilege, this is a great day. it is time -- it's time for speaker boehner and the republicans to put politics behind us, join with us, in insuring that every american has access to quality affordable care that no person is denied coverage due to a preexisting condition. no one has their coverage cancelled when they get sick. and to make sure that women are no longer brazenly discriminated against by insurance companies. i've often said that the affordable care act is not like the ten commandments chiseled in stone. it's like a
today's decision protects more than $1 trillion in deficit reduction. today's decision allows us to continue our work, replacing the current sick care system with a true health care system. one focused on wellness and prevention and public health and keeping people out of the hospital in the first place. the supreme court has made it clear what we have known all along, that those trying to block health care reform are standing on the wrong side of history. for those of us who believe that...
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153
Apr 4, 2012
04/12
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WMAR
tv
eye 153
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several inches of rain deficit after a relatively dry winter. looking for rain. we hope we'll get it early next week. there's a red flag concern. burn warnings in effect. temperatures running mild, comfortable. good time to be outside weather wise and as we look at the humidity levels you can see part of the reason there are burn bans because no rain and humidity levels below 20%. these red shaded counties, that's or area almost including cecil county. to the south we have a severe weather threat. there's a freeze concern for western pennsylvania. so you can see there are watches and warnings surrounding maryland but nothing in our state except for garrett county. take a look. the main storm track is to our south and west. we continue to see storms flaring up west virginia back through kentucky and that is part sort of an edge of the weather maker that pushed through texas yesterday. it's a large storm system, double barreled low pressure. the main center of the storm north of oklahoma, still big storm flaring up down toward northern alabama and up through the te
several inches of rain deficit after a relatively dry winter. looking for rain. we hope we'll get it early next week. there's a red flag concern. burn warnings in effect. temperatures running mild, comfortable. good time to be outside weather wise and as we look at the humidity levels you can see part of the reason there are burn bans because no rain and humidity levels below 20%. these red shaded counties, that's or area almost including cecil county. to the south we have a severe weather...
101
101
Mar 30, 2012
03/12
by
CSPAN2
tv
eye 101
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mitt romney right now is running on a plot for the increases the deficit substantially. so if he wins it is going to be difficult for him to implement deficit reduction because that means he is going to have to be breaking a lot of campaign promises. >> you think that his priority would be to the tax cuts that he's calling for which would be deficit inducing instead of doing the deficit reduction that he's calling for in terms of reducing -- >> i don't know what his priorities will be but i know if you look at the overall plan, the spending cuts that are in his proposal, not including the 20% cap or the balanced budget amendment which are not actual spending cuts, that's just procedural mechanism but the actual spending cuts that are there in no way at the lost revenue that he has. so if you are just scoring based on what you actually can come of the net results in a net increase in the deficit, so my worry would be then that he will have a difficult time adhering to his campaign promises. now he said for example defense he said defense should be at 4% of gdp for the for
mitt romney right now is running on a plot for the increases the deficit substantially. so if he wins it is going to be difficult for him to implement deficit reduction because that means he is going to have to be breaking a lot of campaign promises. >> you think that his priority would be to the tax cuts that he's calling for which would be deficit inducing instead of doing the deficit reduction that he's calling for in terms of reducing -- >> i don't know what his priorities will...
132
132
Mar 22, 2012
03/12
by
WBAL
tv
eye 132
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deficit in half. has doubled. he said he would cut taxes for middle-income taxpayers. that hasn't happened either. this man is out of ideas and out of excuses, and in 2012, we are going to make sure we get him out of office. >> that is mitt romney today speaking to marylanders in the town hall meeting in arbutus. that is our big story tonight. >> there was a large crowd of supporters in baltimore county today to see the republican presidential hopeful. >> he is campaigning here ahead of our primary on april 3 in which 37 delegates are at stake. >> shelton dutes is live in arbutus with the wrap up of today's events. >> maryland is often overlooked in presidential republican primaries, but in this race for every delegate matters, this movement has -- may have been very helpful for the romney campaign. >> ladies and gentlemen, governor, soon to be president, mitt romney. >> mitt romney arrived in arbutus press from an illinois victory and just hours after receiving an endorsement from jenna bush. he hunkered down to talk about the issues most important to maryland republi
deficit in half. has doubled. he said he would cut taxes for middle-income taxpayers. that hasn't happened either. this man is out of ideas and out of excuses, and in 2012, we are going to make sure we get him out of office. >> that is mitt romney today speaking to marylanders in the town hall meeting in arbutus. that is our big story tonight. >> there was a large crowd of supporters in baltimore county today to see the republican presidential hopeful. >> he is campaigning...
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93
Dec 31, 2012
12/12
by
CSPAN2
tv
eye 93
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there was going to be no deficit reduction. unbelievable, unbelievable that all the money was going to be out the door as soon as it came in. as a matter of fact, before it came in, it was going to be spent. so, mr. president, i just want to say i know the president enjoys heckling and having pep rallies to try to get congress to act instead of sitting down and actually negotiating, but i hope that what's going to happen is we will end up following through on the reductions in spending that need to take place to replace this sequester. i will also add just for what it's worth the last time we extended unemployment insurance, we paid for it. the last time we did not cause the doc fix s.g.r. to go into place, we paid for it. and i hope that as this negotiation goes forth, we keep the same principles in place that we've had. this country has over $16 trillion in debt. sequester was put in place because we couldn't reach an agreement on reductions, but we knew they had to take place. and, mr. president, i hope we will continue to h
there was going to be no deficit reduction. unbelievable, unbelievable that all the money was going to be out the door as soon as it came in. as a matter of fact, before it came in, it was going to be spent. so, mr. president, i just want to say i know the president enjoys heckling and having pep rallies to try to get congress to act instead of sitting down and actually negotiating, but i hope that what's going to happen is we will end up following through on the reductions in spending that...
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86
Dec 12, 2012
12/12
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CSPAN2
tv
eye 86
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infrastructure so they have the same chance to grow and prosper and in that sense, having paying down deficits while still investing in the building blocks of innovation is not about borrowing from the future, it is about investing in a richer and more prosperous future. .. >> a commitment to evidence innovation and accountability. the part of having innovation, what is working and not working and being willing to marshal the various forces from technology to different incentive designed to make sure you have a better outcome. and again i think this is another place where progressives should be, not be fearful. that view of the evaluation evidence-based change is behind the presidency race to the top, innovation funds, proposals would have liked career academies, home visits by nurses or at risk children, our pity, all of these are based on -- are that a, what's working and a commitment to put more resources kind innovation and then continually test that innovation for results. now that said, i do think that when we call for more accountability, more evidence-based evaluation, it is important
infrastructure so they have the same chance to grow and prosper and in that sense, having paying down deficits while still investing in the building blocks of innovation is not about borrowing from the future, it is about investing in a richer and more prosperous future. .. >> a commitment to evidence innovation and accountability. the part of having innovation, what is working and not working and being willing to marshal the various forces from technology to different incentive designed...
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61
Dec 4, 2012
12/12
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CSPAN2
tv
eye 61
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the goal is not to get rid of the budget deficit. i don't think anyone who's involved in this process has a realistic hope of getting rid of the budget deficit. that they would love to get it down to a manageable level. when you talk about that, certainly opinions differ. you can make a big, big dent in the unmanageable part of the deficit with closing or reducing loopholes. >> host: do you expect to see them play a role in negotiation and talks? you mention how there is a group advocating for everyone of these deductions, people are used to getting them. could they end up on the chopping block? >> guest: they are on the table. republicans put them on the table and say we'd rather do this. but rather get rid of tax breaks that raise rates. in the end, you probably will see some of those. this is a process that will go on for the better part of the year. said during the process of negotiating a deal, you'll see some of those. >> host: john mckinnon is a reporter for "the wall street journal." we are talking about tax loopholes and ded
the goal is not to get rid of the budget deficit. i don't think anyone who's involved in this process has a realistic hope of getting rid of the budget deficit. that they would love to get it down to a manageable level. when you talk about that, certainly opinions differ. you can make a big, big dent in the unmanageable part of the deficit with closing or reducing loopholes. >> host: do you expect to see them play a role in negotiation and talks? you mention how there is a group...
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196
Feb 1, 2012
02/12
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CSPAN3
tv
eye 196
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specifically addresses the exact gimmicks in the current budgeting process that has led and continuing to lead deficits. americans deserve an honest accountable, predictable budget process, and this bill goes through nine specific gimmicks that are most commonly used. the bill offered by senator sessions and senator snow is geared toward senate procedure, and our legislation in the house expands this approach where revenue inappropriation bills are first considered. we desire and are pushing for a process that instills integrity to the budget process. integrity is the highest human value we have. we must change the way that washington works. we must require a budget process that is accountable, predictable and truthful, and this honest budget act is a step in the right direction. i want to thank you all for being here today. >>> that was martha roby discussing the honest budget act which would make it harder for congress the pass appropriations bill before it is d dopted. it. >> uld wo make it would make it budget spending in less than one year, and prevent congress from spending ovrnlg ing overages th
specifically addresses the exact gimmicks in the current budgeting process that has led and continuing to lead deficits. americans deserve an honest accountable, predictable budget process, and this bill goes through nine specific gimmicks that are most commonly used. the bill offered by senator sessions and senator snow is geared toward senate procedure, and our legislation in the house expands this approach where revenue inappropriation bills are first considered. we desire and are pushing...
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79
Apr 18, 2012
04/12
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CSPAN2
tv
eye 79
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on one and we don't want the deficit to get to be. using the analogy of the credit card bill is totally wrong. we are reserve currency, country, and we're lucky to have that. and the deficit in some sense as a matter of foreign trade. we are providing liquidity. i'm sorry, we are providing parking of value, and that's valuable per se to park something safety for someone, they don't need right now. and interim for that we're getting liquidity that we wouldn't otherwise have. so it's an international trade issues in some sense. both sides benefit so that the proper size of the deficit is not zero. but how big should it be and what is the span within which is productive, extremely productive element of our economy, and yet it is being demonized constantly in the most radical terms and the press never seems explain the fact it is an international trade concept. the question is, what are the limits? that public debate does not take place on capitol hill. it does not take place in the press. we need is in the country to of a rational discus
on one and we don't want the deficit to get to be. using the analogy of the credit card bill is totally wrong. we are reserve currency, country, and we're lucky to have that. and the deficit in some sense as a matter of foreign trade. we are providing liquidity. i'm sorry, we are providing parking of value, and that's valuable per se to park something safety for someone, they don't need right now. and interim for that we're getting liquidity that we wouldn't otherwise have. so it's an...
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246
Mar 22, 2012
03/12
by
WBAL
tv
eye 246
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it would close a $48 million deficit, cutting property taxes and eliminating furloughs and pay raises for city employees. it would also combine the 311 and 911 call centers and close three city fire companies. and that part is the most controversial component of the budget proposal. the three companies could be shutting down july 1. the fire chief would make the final determination. the mayor says there would be no layoffs, no entire fire stations would close, but the fire union says closures will increase their response times. >> we give some permanent a and reliability, predictable, and it allows the department to plan every day, whatever day of the week it is, for those closures so they can respond more efficiently. >> you're gambling with citizens and firemen's lives. i for one think it's absolutely disgusting. >> the mayor says her plan would end the rotating closures we've seen over the last few years. >> maryland senior senator barbara mikulski celebrates a major milestone in washington, d.c. >> the u.s. department of labor celebrates a history-making woman, u.s. senator barbar
it would close a $48 million deficit, cutting property taxes and eliminating furloughs and pay raises for city employees. it would also combine the 311 and 911 call centers and close three city fire companies. and that part is the most controversial component of the budget proposal. the three companies could be shutting down july 1. the fire chief would make the final determination. the mayor says there would be no layoffs, no entire fire stations would close, but the fire union says closures...
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123
Apr 17, 2012
04/12
by
CSPAN2
tv
eye 123
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it's certainly not about deficit reduction at a time of $1 trillion deficits. the president also says this new tax on investments on american businesses is necessary to, as he said, invest in the things that would help the economy grow. this apparently means this will result in more government spending. private enterprises that actually create jobs are not one of those things that will be making the investments. instead it will be investments through government spending. i just think the buffett rule is bad economics, i think it's bad fiscal policy, and i think it's a distraction from the broader bipartisan effort underway to achieve fundamental tax reform that is necessary to unleash a true economic recovery. the proposal is built, by the way, on this notion that i heard from my colleague a moment ago that the tax code is not progressive. we can argue about what progressive means, but here are some statistics. according to the tax policy center, the top 1% of wage earners in this country, income earners, pay a 28% federal tax rate. by contrast, americans with
it's certainly not about deficit reduction at a time of $1 trillion deficits. the president also says this new tax on investments on american businesses is necessary to, as he said, invest in the things that would help the economy grow. this apparently means this will result in more government spending. private enterprises that actually create jobs are not one of those things that will be making the investments. instead it will be investments through government spending. i just think the...
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100
Dec 13, 2012
12/12
by
CSPAN2
tv
eye 100
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for a net deficit reduction of $3,850,000,000,000. for those who are wondering, well, what happens to a.m.t. and what happens to the doc fix? we have those in the baseline so they're covered in this proposal. you can correct the alternative minimum tax, you can eliminate the doc fix, be done with it. mr. president, this magnitude of packages is precisely what was called for in the fiscal commission. in the moment-of-truth report, this is what they called for: i think they were right to call for it. i was proud to be part of that effort. i believe this is precisely what we need to do now. so that's the plan. now we need action. we should do it the old-fashioned way. we should make tough decisions, even some that will be unpopular. but it will be the right thing to do, and it will work. it'll stablize our debt and begin to bring it down. it will provide certainty to our economy. it will unleash, i believe, the $1.7 trillion that are on the balance sheets of our corporations. it will unlock the investment potential that lies all across t
for a net deficit reduction of $3,850,000,000,000. for those who are wondering, well, what happens to a.m.t. and what happens to the doc fix? we have those in the baseline so they're covered in this proposal. you can correct the alternative minimum tax, you can eliminate the doc fix, be done with it. mr. president, this magnitude of packages is precisely what was called for in the fiscal commission. in the moment-of-truth report, this is what they called for: i think they were right to call for...
462
462
Apr 6, 2012
04/12
by
WBAL
tv
eye 462
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the city is already facing about a $48 million deficit thank you. -- deficit. >> thank you. a look at what is coming next on "the today show." >> good morning. coming up -- she is one of the most talked about women in the world right now. the writer of the article claiming other women pager because she is beautiful. she with her critics in her live television interview. speaking of people in the news, how about kim kardashian. she will be your life. we talk about the ongoing backlash of for 70 today marriage. and whether things might be heating up between her and kanye west. it a live performance from one about hottest stars allowed under -- stars around. right here on "today." >> a good show. 40 degrees on tv hill. still ahead, a look at weather and traffic before we head out to start your day. double your data. 4 gigabytes for just $30 a month. with 4 gigabytes, you could send and receive over 400,000 emails. or stream over 1,100 songs. or use gps navigation for 34 continuous days. all the data you need to power your favorite apps. 4 gigabytes for $30. only on america's la
the city is already facing about a $48 million deficit thank you. -- deficit. >> thank you. a look at what is coming next on "the today show." >> good morning. coming up -- she is one of the most talked about women in the world right now. the writer of the article claiming other women pager because she is beautiful. she with her critics in her live television interview. speaking of people in the news, how about kim kardashian. she will be your life. we talk about the...
132
132
Jun 6, 2012
06/12
by
CSPAN2
tv
eye 132
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what would you do if you could wave a want to fix the deficit problem? >> if you ask if there pretty here how much the federal to permit should be raising a newly over the next 10 years answers come somewhere between 18 point* 54 19.five ascii how much the government should be spending it comes to a 200 point* gdp and that deficit will not grow. i've could take the plan to get to the 19% of revenue it could be simpson bowles nobody's going to agree 100% of reduced state we should raise it and spend 21. cutting expenditures and raising taxes. the democrats don't want to talk about expenditures and republicans don't want to talk about increasing revenues. >> capital-gains? >> i am in favor of that. looking at 2.4 zero or 2.5 trillion. i have operated under all kinds of tax rates. the country has grown. it works. the somebody has to step up. the their the expenditure or the revenue side. if everybody designed a plan i could step up but the economy is thought to grow? any chance of a recession? most of that spills over it the economy grows 2% each generation
what would you do if you could wave a want to fix the deficit problem? >> if you ask if there pretty here how much the federal to permit should be raising a newly over the next 10 years answers come somewhere between 18 point* 54 19.five ascii how much the government should be spending it comes to a 200 point* gdp and that deficit will not grow. i've could take the plan to get to the 19% of revenue it could be simpson bowles nobody's going to agree 100% of reduced state we should raise it...
197
197
Oct 28, 2012
10/12
by
WJLA
tv
eye 197
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and we face this deficit -- could crush the future generations. and republicans and democrats both love amaerica but we need to have leadership -- leadership in washington that will actually bring people together and get the job done and could not care less if it's a republican or a democrat. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. >> hurricanes in the becoming an unwanted october surprise but before the election. n unwantedne sandy a surprise. there above supposed to campaign virginia but that shifted plans. bromley will be in wisconsin. they both say they will refrain out emails it during the storm. clacks out west in hawaii, alert.are on high earlier today, a tsunami warning issued and lifted after a earthquake off the canada.coast of the 7.7 magnitude earthquake triggered 8 foot waves in anncr: seven-hundred-thousand jobs. that's what the plan george allen supports... would cost our economy. newspapers called it "economically destructive." like allen's votes to give tax breaks to companies... that sh
and we face this deficit -- could crush the future generations. and republicans and democrats both love amaerica but we need to have leadership -- leadership in washington that will actually bring people together and get the job done and could not care less if it's a republican or a democrat. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. >> hurricanes in the becoming an unwanted october surprise but before the election. n unwantedne sandy a surprise....
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170
Mar 21, 2012
03/12
by
WJZ
tv
eye 170
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. >>> these budget cuts are necessary to help close the $48 million deficit in a $3 billion. but keep in mind we're at the beginning of this process. there will be several hearings before city council gives final approval. i'm -- pat warren. reporting live from city hall. now back to you. >> the new budget takes effect on july 1st. >>> a wild scene in a normally quiet baltimore county community. now, police are on the vernal of filing questions. mary is live in the newsroom. >> three people are found stabbed to death. sky eye chopper 13 was over the lane on reisterstown road. a 20-year-old, and many -- 19- year-old men and a 25-year-old woman were all stabbed. the 21-year-old suffered the most serious injuries and is being treated at shock trauma. police say the stabbing victims were among five people who got into a fight with another group outside the home. police are still trying to find a motive. vic? >> reporter: at one poit, at least one should the was fired. but no one was injured from the shot. >>> right now, as we speak, hundreds of police officers were involved in a
. >>> these budget cuts are necessary to help close the $48 million deficit in a $3 billion. but keep in mind we're at the beginning of this process. there will be several hearings before city council gives final approval. i'm -- pat warren. reporting live from city hall. now back to you. >> the new budget takes effect on july 1st. >>> a wild scene in a normally quiet baltimore county community. now, police are on the vernal of filing questions. mary is live in the...
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216
Mar 21, 2012
03/12
by
WJZ
tv
eye 216
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. >> and those budget cuts would help fill a $48 million deficit in a $3 million budget. reporting, i'm pat warren. >> the new budget takes effect july 1st. >>> trying to run down a police officer on maryland's eastern shore is captured by police. vic is in the newsroom with details of that arrest. >> reporter: after a three-day search, police catch the suspect here in baltimore. officers capture demetrius dembe. police have been looking since sunday morning. that officer suffered a broken ankle. dembe is now charged with attempted murder and assault on a law enforcement officer. >> police transported him back to the eastern shore, where he's being held without bail. >> police are revealing more about a violent fight in owings mills. detectives say three people were stabbed during an argument at a townhouse on spectator lane. police say the victims and suspects knew each other and the fights stem from a previous disagreement. investigators still looking into reports of a gunshot nearby. and police expect to file charges soon. >>> the man suspected of terror spree in franc
. >> and those budget cuts would help fill a $48 million deficit in a $3 million budget. reporting, i'm pat warren. >> the new budget takes effect july 1st. >>> trying to run down a police officer on maryland's eastern shore is captured by police. vic is in the newsroom with details of that arrest. >> reporter: after a three-day search, police catch the suspect here in baltimore. officers capture demetrius dembe. police have been looking since sunday morning. that...
71
71
Mar 21, 2012
03/12
by
CSPAN2
tv
eye 71
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schiller relating to deficits. >> the gentleman agree to 10 minutes. the gentleman is recognized for four minutes. the gentleman is recognized. here we are again back at the budget markup. first of all thanks to the committee staff on both sides because a lot of hard work goes into this. we have gone through this exercise for several years now and we haven't come up with something that could be placed into law. democrats have tried. you guys are trying now. and there has been no success. and so i am putting forth an amendment that is pretty easy. i can read it out to you. it's sent to the house that this and future resolutions should enable that is a reduction in a balanced and responsible manner through spending cuts and tax reform without jeopardizing the nation security's security, economy and competitiveness. we have some point, we have to start coming together and realize that there are certain issues that may not be able to agree on, but maybe there is a way that we can come to some conclusions and get to that deficit number and i have always sai
schiller relating to deficits. >> the gentleman agree to 10 minutes. the gentleman is recognized for four minutes. the gentleman is recognized. here we are again back at the budget markup. first of all thanks to the committee staff on both sides because a lot of hard work goes into this. we have gone through this exercise for several years now and we haven't come up with something that could be placed into law. democrats have tried. you guys are trying now. and there has been no success....
137
137
Aug 1, 2012
08/12
by
CSPAN2
tv
eye 137
favorite 0
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problem. 3 million people will do studios a result of that with the deficit problem. we've got to make choices and here we are talking about the deficit and there is no tech choices. you know, so when people comment when they tell pollsters they hold congress to such low esteem they think our priorities are all screwed up, that we can't come to an agreement on a universal tax cut under $250,000 of income for everybody, even donald trump and it's being held hostage to make sure the special tax breaks for the very wealthy or protect it. i think people are really fed up, but i appreciate you being here and hope you continue to speak out. >> thank you very much for being here. i will conclude the hearing. the chair will be in receipt of emotion. >> mr. commission can migrate h.r. 616 and a pathway to job creation for a simpler, fairer tax code for structural data provides one built up a deeply divided and controlled by the chair and ranking minority member on the rules. the two hours to beat on the of reform in internal revenue code of 1986 equally divided by the chair ma
problem. 3 million people will do studios a result of that with the deficit problem. we've got to make choices and here we are talking about the deficit and there is no tech choices. you know, so when people comment when they tell pollsters they hold congress to such low esteem they think our priorities are all screwed up, that we can't come to an agreement on a universal tax cut under $250,000 of income for everybody, even donald trump and it's being held hostage to make sure the special tax...
158
158
Dec 6, 2012
12/12
by
CSPAN2
tv
eye 158
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the deficit is down. borrowing is down. jobs are being created. it is a hard road, but we are making progress. everything that we do, we are helping those who want to work hard and get along. thank you. [cheers] [cheers] >> mr. speaker, today after 2.5 years, we can see and people can feel in the country the scale of this government economic failure. [cheers] our economy this year is contracting. the conferred government borrowing is revised this year and every year. the national deficit is not rising. excuse me, it is rising, it is not falling. [cheers] i will say again that our economy is contracting this year. government rowling is revised up and the national debt is rising. it is not falling. there are people struggling to make ends meet. middle and lower income families who are paying the price. where millionaires get a tax cut and a 3 billion-pound welfare handout to the people who need it. let me spell out the facts. you might learn something. [cheers] [applause] [cheers] >> in june of 2010, our economy would grow by 2.8% this year. in marc
the deficit is down. borrowing is down. jobs are being created. it is a hard road, but we are making progress. everything that we do, we are helping those who want to work hard and get along. thank you. [cheers] [cheers] >> mr. speaker, today after 2.5 years, we can see and people can feel in the country the scale of this government economic failure. [cheers] our economy this year is contracting. the conferred government borrowing is revised this year and every year. the national deficit...
75
75
Jun 5, 2012
06/12
by
CSPAN2
tv
eye 75
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we also know that our country is facing serious deficits. last august, the senate passed the budget control act by a vote of 74-26. that law created a deficit reduction committee which we've called the supercommittee. they set up a process to find significant savings, and i'm very proud of the fact that the agriculture committees came together in the house and the senate, the chairman and ranking member in the house with myself and our ranking member here in the senate, we did have he is -- did some very tough negotiating and made tough decisions and worked long hours and we came up with a detailed deficit reduction plan. and i wish that we'd had that same kind of opportunity with every committee because, unfortunately, in the end, we were the only committee, agriculture committee, that did that. but we did our part, and we believe that the work we did in the fall helped to not only build relationships that are important to allow us to work together, but that we have now set up a foundation from which we have written what we call the farm bi
we also know that our country is facing serious deficits. last august, the senate passed the budget control act by a vote of 74-26. that law created a deficit reduction committee which we've called the supercommittee. they set up a process to find significant savings, and i'm very proud of the fact that the agriculture committees came together in the house and the senate, the chairman and ranking member in the house with myself and our ranking member here in the senate, we did have he is -- did...
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Mar 21, 2012
03/12
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it was going to reduce the deficit. no sooner was it signed and they started looking at it that the administration itself said we know it's unworkable and we abandon it, we're not even going to try to enforce it. that's the result. mr. mccain: they would have kept it on the books had it not been for the amendment of the senator from new hampshire that said they had to certify that it would be solvent over a 75-year period. now, if it hadn't been for that amendment, we would have the class act today, a ponzi scheme in being where people are paying in and that is scored as revenues, and then some years later when they retire, obviously, the reverse would have been true. and i have yet to hear one of my colleagues come over and admit that they were wrong about the class act. i'd love to hear some of those who strongly advocated for it. my friend from iowa, senator harkin, said so we get a lot of bangs for the buck as one might say with the class act that we have in this bill. senator whitehouse said certain colleagues on t
it was going to reduce the deficit. no sooner was it signed and they started looking at it that the administration itself said we know it's unworkable and we abandon it, we're not even going to try to enforce it. that's the result. mr. mccain: they would have kept it on the books had it not been for the amendment of the senator from new hampshire that said they had to certify that it would be solvent over a 75-year period. now, if it hadn't been for that amendment, we would have the class act...
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Dec 9, 2012
12/12
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it does not solve the deficit. it is not a serious deficit proposal. the credit rating agencies are looking for a plan that lowers the gdp to debt ratio. i do not think there is a magic number. social security, medicare, to find a sustainable path for word on them. do you think the president's plan adequately addresses the sustainability of medicare and social security? >> i think he needs to go further. i do not think it is enough. i believe the proposals are good ones. i think they are hard proposals to make because they're substantive. to achieve fiscal sustainability in the context of $3 trillion in 10-year deficit reduction, i think we need to do more. >> looking at the republican plan and the president's proposal, do you see any common ground? >> the common ground is that we're looking at the same proposals. cbo has scored a number of different approaches. i also think there is no general agreement in the context of the current discussion, we will not make any major structural changes to these programs. we will not block grant medicaid, and we wi
it does not solve the deficit. it is not a serious deficit proposal. the credit rating agencies are looking for a plan that lowers the gdp to debt ratio. i do not think there is a magic number. social security, medicare, to find a sustainable path for word on them. do you think the president's plan adequately addresses the sustainability of medicare and social security? >> i think he needs to go further. i do not think it is enough. i believe the proposals are good ones. i think they are...
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Mar 14, 2012
03/12
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and without adding to the deficit, this bill doesn't havel anything to the federal deficit. this is precisely,kind o mr. president, precisely the kind of thing we shouldng be dog right here in washington. this is the message that wepbtdw should send. we don't need fewer apples or microsoft or facebook, we need more of that. we need them for the value they add to our lives, the edge they give us in the world economy,ron the jobs they provide hundreds of thousands of american workers and for the satisfaction theym f bring to those who helped turn in a them from an idea into a w reality. belie so let's send it is important signal we still believe anve i opportunity, we still believe in innovation, and that when they common good is in sight and we t can see the common good rightan before us, we can still work together to actually achieve atw this is so crucial that i am going to really what my, jon colleague senator john kyle did last night which is to offer a consent. i told the majority leader in going to do this, but if we turn to this important bipartisant piece of legislati
and without adding to the deficit, this bill doesn't havel anything to the federal deficit. this is precisely,kind o mr. president, precisely the kind of thing we shouldng be dog right here in washington. this is the message that wepbtdw should send. we don't need fewer apples or microsoft or facebook, we need more of that. we need them for the value they add to our lives, the edge they give us in the world economy,ron the jobs they provide hundreds of thousands of american workers and for the...
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Dec 19, 2012
12/12
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it had $5.3 trillion of deficit in it. that's more deficit, mr. president, than all budgets of all presidents combined since george washington. and nobody cares. you know, you say -- they shake their head. they don't seem to care. he stayed so it must be all right. so now after this president has taken out -- given us $5.3 trillion in deficit, now all of a sudden he did that in four years but in ten years we can't come up with $1.4 trillion. it's easy. we can do it. i did it in a bill introduced several months ago. we knew it was coming but christmas is coming too, so we are all lined up to grand -- i don't mean grandstand. that sounds demeaning. i don't mean it that way. you know, when you think about the money that this president -- what about the $800 billion stimulus that didn't stimulate? how many members of this body know what that $800 billion was spent for? i suggest not very many. i do because i made a point to look. it's things that did not stimulate. only 3% that have went to roads and highways and that type of thing. he can come up wit
it had $5.3 trillion of deficit in it. that's more deficit, mr. president, than all budgets of all presidents combined since george washington. and nobody cares. you know, you say -- they shake their head. they don't seem to care. he stayed so it must be all right. so now after this president has taken out -- given us $5.3 trillion in deficit, now all of a sudden he did that in four years but in ten years we can't come up with $1.4 trillion. it's easy. we can do it. i did it in a bill...
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Apr 17, 2012
04/12
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so instead of a deficit this year of $1,079,000,000,000, we'd have a deficit of $1,078000,000,000 that. doesn't exactly raise enough money to stabilize our debt and deficits for the next decade, as the president said. over the first five years, the joint tax committee shows that the buffett tax would collect about $14.7 billion. to put it into perspective, that would amount to less than.08% of the projected national debt in five years. in the year 2014, the proposal is estimated to actually lose over $6 billion in revenue. why is this? again, because capital gains taxes are largely voluntary. the investors targeted by the buffett tax are generally able to decide when to sell an asset. they can manipulate their sale to stay below the triggering threshold of $1 million in the bill. this produces a lock-in effect on capital as investments stay stagnant. so what's the end result? little, if any, revenue is actually raised. business investments decline. in turn, wages and hiring decline. again, if the purpose of taxes is to raise needed revenue rather than punish people, this bill completel
so instead of a deficit this year of $1,079,000,000,000, we'd have a deficit of $1,078000,000,000 that. doesn't exactly raise enough money to stabilize our debt and deficits for the next decade, as the president said. over the first five years, the joint tax committee shows that the buffett tax would collect about $14.7 billion. to put it into perspective, that would amount to less than.08% of the projected national debt in five years. in the year 2014, the proposal is estimated to actually...
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Jun 6, 2012
06/12
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the mayor had a budget deficit. he comes in and says why don't we make $30 million more off of speed cameras and other kind of automated enforcement cameras. we are just going to use motorists wallets to close the difference. forget safety and that is our problem. we don't think law enforcement ought to be done for profit. we think that policing ought to be about safety. this is really, we believe, corrupting law enforcement to use it to fill a budget deficit. but at least it is clearly what they're doing and they can say it is all about safety but the fact is we have not had any big increase in deaths or anything that would warrant all of this additional coverage. is there any evidence out there that we've got huge increases in speeding that would warrant a massive ratcheting up of speed enforcement in no. >> is this any group out there that will be able to get together and make a difference saying get these speed cameras taken down? >> i'm not sure that there is. we-- at aaa, we are certainly railing about it and
the mayor had a budget deficit. he comes in and says why don't we make $30 million more off of speed cameras and other kind of automated enforcement cameras. we are just going to use motorists wallets to close the difference. forget safety and that is our problem. we don't think law enforcement ought to be done for profit. we think that policing ought to be about safety. this is really, we believe, corrupting law enforcement to use it to fill a budget deficit. but at least it is clearly what...
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Mar 20, 2012
03/12
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to try to stop the -- the stem of spending that we've been seeing in this country and bring down the deficit. >> that's right. he really wants to make that a contrast to the ryan plan, a republican, house republican plan, as opposed to president obama's plan for medicare which they say is ipab. that's really another showdown this week that we're going to see in the house. >> one of the specifics from the ryan plan, and he has the support of congress, senator ron wyden of oregon, the idea that some options who decide not to take medicare would have the possibility of buying their own insurance through a private market and take a subsidy from the federal government. is that going anywhere? >> that is an idea that we expect to see in the ryan budget tomorrow. we haven't seen all the details yet, but it looks like that's the way things are turning. we've been hearing from senator wyden today. he said, i don't know what's in the budget but just in case it is the ryan/wyden plan here's what i think about that and here's why i think it's a good idea. it's definitely a thing that's slowly gaining so
to try to stop the -- the stem of spending that we've been seeing in this country and bring down the deficit. >> that's right. he really wants to make that a contrast to the ryan plan, a republican, house republican plan, as opposed to president obama's plan for medicare which they say is ipab. that's really another showdown this week that we're going to see in the house. >> one of the specifics from the ryan plan, and he has the support of congress, senator ron wyden of oregon, the...
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May 14, 2012
05/12
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we face a trade deficit with china of almost $300 billion in 2011, meaning that we import almost -- about $800 million a day more than we export to china. we know that china's export-import and development banks provide as much as $100 billion in export credits each year, more than three times as many new export credits as our u.s. export-import bank. it's time we continue fighting for and investing in american manufacturing. it's so important that like we do so well in ohio, that we make things it creates wealth, a strong middle class, opportunity for our young people. it's time to end the delay, it's time to reauthorize the export-import bank. madam president, i note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: the presiding officer: the senator from ohio. mr. brown: i ask unanimous consent to dispense with the quorum call. the presiding officer: without objection. mr. brown: i ask unanimous consent the senate proceed to morning business with senators permitted to speak up to ten minutes each. the presiding officer: without objection. mr. br
we face a trade deficit with china of almost $300 billion in 2011, meaning that we import almost -- about $800 million a day more than we export to china. we know that china's export-import and development banks provide as much as $100 billion in export credits each year, more than three times as many new export credits as our u.s. export-import bank. it's time we continue fighting for and investing in american manufacturing. it's so important that like we do so well in ohio, that we make...
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Dec 28, 2012
12/12
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that have major catastrophe as that now all of a sudden in time of extremists in terms of our debt and deficit, that we're going to all of a sudden change that? and why are we changing that? especially since most of this money isn't going to be spent, isn't even going to be initialized for at least two years. i'd ask unanimous consent that that amendment be set aside and amendment 3370 be called up. the presiding officer: without objection. the clerk will report. the clerk: the senator from oklahoma, mr. coburn, for himself and mr. mccain, proposes an amendment numbered 3370, as modified. mr. coburn: i'd ask unanimous consent the amendment be considered as read. the presiding officer: without objection. mr. coburn: and per the request of senator schumer, i put a division in this amendment so we would have two votes on it separating out the fisheries because he thought that was important. i was glad to accommodate his needs. the main -- mr. schumer: will the gentleman yield? mr. coburn: i would be happy to. mr. schumer: i just want to thank him, he was gracious. there are two separate issues he
that have major catastrophe as that now all of a sudden in time of extremists in terms of our debt and deficit, that we're going to all of a sudden change that? and why are we changing that? especially since most of this money isn't going to be spent, isn't even going to be initialized for at least two years. i'd ask unanimous consent that that amendment be set aside and amendment 3370 be called up. the presiding officer: without objection. the clerk will report. the clerk: the senator from...
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Jun 14, 2012
06/12
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that contributed to the large budget deficit. joblessness -- people working part time that want full-time jobs. too slowly.bcaack the reaso consumers do not have enough money in their pockets to spend. corporations arguing. wealthy americans have never done as well. they don't need tax breaks. average americans need tax breaks. a fair deal.te fair dea host: dorothy is joining us from texas. thank you for waiting. caller: i'm calling regarding the depletion -- hospitals and police force. it has been my observation in taxes that illegal immigration is the backbone of the problem. we do not talk about it and i do not understand. guest: and natalie, undocumented immigrants -- undoubtedly, undocumented immigrants have caused some stress on some budgets. we're still in the gravitational pull of the recession of 2007. undocumented workers have declined. they come to the united states for work. we problem we're facing -- do have to come up with systematizing and dealing with undocumented workers. that is not the core of the issue. the is
that contributed to the large budget deficit. joblessness -- people working part time that want full-time jobs. too slowly.bcaack the reaso consumers do not have enough money in their pockets to spend. corporations arguing. wealthy americans have never done as well. they don't need tax breaks. average americans need tax breaks. a fair deal.te fair dea host: dorothy is joining us from texas. thank you for waiting. caller: i'm calling regarding the depletion -- hospitals and police force. it has...
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Aug 1, 2012
08/12
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less than 25% of the total deficit. again, they're a factor but they are not what caused the deficit. the cause of the deficit primarily is spending. this chart basically shows what has been happening over the last 50 years. the structural deficit that we have incurred is the basic result of, on average, the federal government spending has been about 20.2% from 1959 to 2008, prior to this administration. on the other hand, revenue generation has averaged about 18.1%, which gives us a 2.1% structural deficit. that's why our debt has continued to grow. but under this administration, starting with the recession, that deficit, that structural deficit exploded, with tax revenue dropping to about 15% and spending skyrocketing 25%, now about 24%, but it's on trajectory to hit 35% by the year 2035. clearly, that's unsustainable. another way of taking a look at the tax cuts of 2001 and 2003 in terms of their total effect on our deficit figure is to actually put them ton a bar chart. the red bars represent the total deficit. the
less than 25% of the total deficit. again, they're a factor but they are not what caused the deficit. the cause of the deficit primarily is spending. this chart basically shows what has been happening over the last 50 years. the structural deficit that we have incurred is the basic result of, on average, the federal government spending has been about 20.2% from 1959 to 2008, prior to this administration. on the other hand, revenue generation has averaged about 18.1%, which gives us a 2.1%...
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Jul 1, 2012
07/12
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we have the huge deficit program. i think we will see a major battle next spring because the debt ceiling will again be a problem. this time, they're not going to defer to a super committee. they're going to have to make real cuts immediately. host: i would like to go to a couple of different scenarios and a quick response from you. for those uninsured right now, what is the law mean for them? guest: millions of people will gain health coverage through two different ways. for those middle or moderate income, they are going to get tax credit subsidies on a sliding scale. these subsidies go deeply into the middle class. it goes to 400% of poverty. for a family of 4, it is $93,000. it is provided on a sliding scale. people who need help will receive more help. that is going to be a way in which about half of the people who gain coverage will receive it. the other half is going to come through the medicaid program. the medicaid program is focused on the poorest of the poor. about half of the 34 million who will gain cover
we have the huge deficit program. i think we will see a major battle next spring because the debt ceiling will again be a problem. this time, they're not going to defer to a super committee. they're going to have to make real cuts immediately. host: i would like to go to a couple of different scenarios and a quick response from you. for those uninsured right now, what is the law mean for them? guest: millions of people will gain health coverage through two different ways. for those middle or...
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Apr 23, 2012
04/12
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the bill would increase federal deficit by $34 billion. this violates the deficit neutrality provisions for spending that we adopted as part of the budget control act of last summer, just last summer. as a result, there are at least five budget points of order that lie against the bill, and i, ranking republican on the budget committee, will be raising points of order at the appropriate time. this means it would take 60 votes in the united states senate, 60. our hundred members to say we don't want to agree and follow the law we passed last summer, that we promised the american people would make a difference and we'll just spend this money anyway because we think it has an important need. under the senate rules, no committee can bring a bill to the floor that spends even one penny more than already is going to be spent under the current law, or increase the deficit more than it would increase under current law. current law is the budget control act of last summer, and it was passed, as we all recall, as part of a major debate over the debt
the bill would increase federal deficit by $34 billion. this violates the deficit neutrality provisions for spending that we adopted as part of the budget control act of last summer, just last summer. as a result, there are at least five budget points of order that lie against the bill, and i, ranking republican on the budget committee, will be raising points of order at the appropriate time. this means it would take 60 votes in the united states senate, 60. our hundred members to say we don't...
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Apr 16, 2012
04/12
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it's certainly not about deficit reduction at a time of $1 trillion deficits. the president also says this new tax on investments on american businesses is necessary to, as he said, invest in the things that would help the economy grow. this apparently means this will result in more government spending. private enterprises that actually create jobs are not one of those things that will be making the investments. instead it will be investments through government spending. i just think the buffett rule is bad economics, i think it's bad fiscal policy, and i think it's a distraction from the broader bipartisan effort underway to achieve fundamental tax reform that is necessary to unleash a true economic recovery. the proposal is built, by the way, on this notion that i heard from my colleague a moment ago that the tax code is not progressive. we can argue about what progressive means, but here are some statistics. according to the tax policy center, the top 1% of wage earners in this country, income earners, pay a 28% federal tax rate. by contrast, americans with
it's certainly not about deficit reduction at a time of $1 trillion deficits. the president also says this new tax on investments on american businesses is necessary to, as he said, invest in the things that would help the economy grow. this apparently means this will result in more government spending. private enterprises that actually create jobs are not one of those things that will be making the investments. instead it will be investments through government spending. i just think the...
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Dec 19, 2012
12/12
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my hope is that they will do the right thing and that we will achieve a bipartisan consensus on deficit reduction and the trajectory of defense spending in the future. otherwise, we will weaken this nation in the minds of our allies, our partners, and our potential adversaries, and undermined the work as a sacrifices that our troops are making every single day. it's easy to get cynical and frustrated in this town. and after 40 years, i know my level of cynicism and frustration. but my confidence and my hope for the future is restored every time i have the opportunity to visit with our troops on the front lines, as i did last week. in them, i see the spirit of public service that has kept this country strong for more than two centuries and which has helped us to overcome every period of crisis and adversity in our history. that spirit of public service is also in evidence here at this monument to democracy, the national press club. journalists who commit themselves to doggedly pursuing the truth and telling the everyday stories of american people are public servants in their own right. o
my hope is that they will do the right thing and that we will achieve a bipartisan consensus on deficit reduction and the trajectory of defense spending in the future. otherwise, we will weaken this nation in the minds of our allies, our partners, and our potential adversaries, and undermined the work as a sacrifices that our troops are making every single day. it's easy to get cynical and frustrated in this town. and after 40 years, i know my level of cynicism and frustration. but my...
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Dec 13, 2012
12/12
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so the result was a return to large deficits. and, of course, those large deficits grew substantially larger because of the recession that began in december of 2007. today we're trying to strengthen our economy while at the same time trying to reduce projected deficits. that long-term deficit reduction will once again require higher taxes and also new constraints on spending, and i hope that even in these final days of this 112th congress we can reach tbreament to proceed. -- agreement to proceed. as regards health care in the long-standing fight to provide americans with access to affordable health care, we have seen significant progress. in 1997 we enacted the children's health insurance program, which resulted in nearly 8 million american children obtaining access to health care. of course, in 2010, we adopted the patient protection and affordable care act. this unfairly maligned legislation has the promise of moving us much closer to the goal of universal health care, and i am ar i am proud to have d with my colleagues in the
so the result was a return to large deficits. and, of course, those large deficits grew substantially larger because of the recession that began in december of 2007. today we're trying to strengthen our economy while at the same time trying to reduce projected deficits. that long-term deficit reduction will once again require higher taxes and also new constraints on spending, and i hope that even in these final days of this 112th congress we can reach tbreament to proceed. -- agreement to...
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Dec 14, 2012
12/12
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the deficit of the budget went down almost 100 times and russia's sovereign debt is only 2.5%. russia's inflation rate has gone down six times. it used to be 36.5% back in 1999. last year to 6.1% in this year it'll probably be 6.5. by the end of the year 2000, russia's population was shrinking at a rate of almost 1 million people and it seems that this democratic catastrophe was impossible to stop and reverse. it sounded almost as a death sentence, but we've managed to reverse that trend after the launch of the government's demographic programs and russia's population stabilized in the last couple of years has been increasing. i believe this is our key accomplishments and i would like to emphasize that. i'm not saying this to say we are good. i am saying this to people would have coincidences. we have broadened so people would you vote to broadened their horizons for planning their future, so they would see stability is a prerequisite for the future. [applause] all the indicators of growth, which had enumerated are testament to great reforms and changes in russia's economic and
the deficit of the budget went down almost 100 times and russia's sovereign debt is only 2.5%. russia's inflation rate has gone down six times. it used to be 36.5% back in 1999. last year to 6.1% in this year it'll probably be 6.5. by the end of the year 2000, russia's population was shrinking at a rate of almost 1 million people and it seems that this democratic catastrophe was impossible to stop and reverse. it sounded almost as a death sentence, but we've managed to reverse that trend after...
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Mar 20, 2012
03/12
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. >>> 10 million kids diagnosed with attention deficit hyperactivity disorder in 2010, 4 million more than were diagnosed in 2000. northwestern university researchers found those numbers and those kids were just diagnosed by regular doctors as opposed to behavioral specialists. the study does not give a reason for the spike in the diagnoses. >>> should babies conceived through artificial insemination after their father's death receive his social security benefits? the supreme court heard the case today and will decide. we'll hear what's at stake. >> reporter: today cutting edge technology collided with the law crafted in 1939 teeing up an unusual legal dispute for the supreme court. the case concerns twins conceived after their father died. doctors had advised robert caputo to preserve his sperm when undergoing cancer treatment, but when his wife applied for social security survivor benefits for the twins she was denied. the government argued the twins did not meet the statutory definition of child. in many cases the statute says the determination will be based on state in testeses la
. >>> 10 million kids diagnosed with attention deficit hyperactivity disorder in 2010, 4 million more than were diagnosed in 2000. northwestern university researchers found those numbers and those kids were just diagnosed by regular doctors as opposed to behavioral specialists. the study does not give a reason for the spike in the diagnoses. >>> should babies conceived through artificial insemination after their father's death receive his social security benefits? the supreme...
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Dec 5, 2012
12/12
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we reached those massive deficits, the largest deficits in american history. and we begin to bring those back down. enter 2007. 2007, 2008 we had a republican president in the white house, we had a democratic speaker here in the u.s. house, spending began to tick back up. and as we entered the obama years, mr. speaker, here is the largest deficit in american history recorded during the bush administration, this is the annual deficit recorded in the obama administration. not twice as large than the largest deficit in american history. not three times as large as the largest deficit in american history. but almost four times larger than the previous largest annual deficit in american history was the first year deficit recorded in the obama administration. we tip, that was the first time ever we run trillion dollar deficits, we continue to run trillion dollar deficits throughout that time. tax policy hasn't changed during that time. tax policy is exactly the same. you hear in the newspaper all the time, mr. speaker, the bush tax cuts. i don't know that that has m
we reached those massive deficits, the largest deficits in american history. and we begin to bring those back down. enter 2007. 2007, 2008 we had a republican president in the white house, we had a democratic speaker here in the u.s. house, spending began to tick back up. and as we entered the obama years, mr. speaker, here is the largest deficit in american history recorded during the bush administration, this is the annual deficit recorded in the obama administration. not twice as large than...
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Sep 5, 2012
09/12
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the cuts would not somehow pay down jobs or the deficit. instead, they would go to a huge new tax cut for those at the very top. in order to cut taxes for millionaires and billionaires, governor romney will cut education for our nation's children. that is the choice in this election. they see education as an expense. president obama sees it as an investment. that is why our president needs four more years. thank you so much. god bless. ♪ >> education means everything to the future of this country in the region of the world. as the people get better jobs in some way we can contribute to our country. >> i am 21 years old. education in my family plays the really big role. if you have an education and you have a degree, you have a future in your hands. when i started to think about going, it was the admittedly for my family. my mother had to work three jobs so she can provide for us. we realize we did not have the money. even if i get a full-time job, i would not be able to pay for college. i went to the financial aid department. that is when
the cuts would not somehow pay down jobs or the deficit. instead, they would go to a huge new tax cut for those at the very top. in order to cut taxes for millionaires and billionaires, governor romney will cut education for our nation's children. that is the choice in this election. they see education as an expense. president obama sees it as an investment. that is why our president needs four more years. thank you so much. god bless. ♪ >> education means everything to the future of...
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Jul 31, 2012
07/12
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the deficit went down for years in a row. >> what your? >> '94, '95, '96, '97 and '98. >> and then 98, 99, 2000 and a net 2001 we had a surplus. when i say real surpluses, revenues in excess of social security offsets. obviously the social security masked. >> let me talk about republican policies. in 1993 every republican voted against the economic program that's put in place with the assertions that i just put in the record that it would destroy the economy. the point of fact it did nothing of the case and was not changed. that economic policy was not changed. what happened though mr. sessions and fairness to both republican and democratic party the republican party constrain spending. not as much as it wanted. it shut down the government. that didn't work out. but the restrained spending. what they couldn't do what in my opinion is certainly would have done have you had the presidency he would have cut taxes and revenues and as a result, you would not have cut spending enough to offset the cut revenues therefore we would have had what we
the deficit went down for years in a row. >> what your? >> '94, '95, '96, '97 and '98. >> and then 98, 99, 2000 and a net 2001 we had a surplus. when i say real surpluses, revenues in excess of social security offsets. obviously the social security masked. >> let me talk about republican policies. in 1993 every republican voted against the economic program that's put in place with the assertions that i just put in the record that it would destroy the economy. the point...
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Apr 7, 2012
04/12
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we were a couple of young senators and were tried to pass a budget deficit reduction act of 1993. he looked around and could not find two bigger boats and then daschle and reid. he said go get bob kerry's vote. we looked at each other. bob kerrey knew we or coming. he went to a movie that afternoon. [laughter] tom will remember that. he agreed to come. -- to come and vote with us on a couple of conditions. one of which, he got to speak first. he was not really complementary of our chief executive officer at the time. he voted the right way, so we fulfilled our obligations to senator mitchell. i want to express to everyone here publicly about my affection for senator daschle. both -- those of us who have been around the capital for a long time in the senate know that when he was majority leader he trusted me and i always did things i thought would fulfill his trust in me. as senator lott has said, basically turned the floor over to me. he was doing other things. we worked together and i have said to him in person on a number of occasions and i say publicly tonight, tom daschle is l
we were a couple of young senators and were tried to pass a budget deficit reduction act of 1993. he looked around and could not find two bigger boats and then daschle and reid. he said go get bob kerry's vote. we looked at each other. bob kerrey knew we or coming. he went to a movie that afternoon. [laughter] tom will remember that. he agreed to come. -- to come and vote with us on a couple of conditions. one of which, he got to speak first. he was not really complementary of our chief...
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Mar 22, 2012
03/12
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that makes it very difficult to get agreement on an approach to reigning in the deficit. and when you add in the democratic demands. and there are folks on the democratic side who absolutely will not discuss any changes in entitlement programs. that makes it difficult, too. so you have to find a way we can bridge those gaps and people can recognize that some compromise is required. >> ifill: senator snowe, i hereby grant you a magic wand. what's the six? >> well, we could return to transparency and accountability would really, i think, build confidence in the integrity of the outcome of the legislative solution. we don't have that anymore. it's a closed door. it either comes to the floor without going through committee, it's crafted behind closed doors. we have up or down votes. i feel like i'm back in the house of representatives, you have up-and-down votes. yoyou have an open amendment process, have people air their views and sometimes when you have th opportunity you might not agree on everything in the package which you might not because if it's a big package but at t
that makes it very difficult to get agreement on an approach to reigning in the deficit. and when you add in the democratic demands. and there are folks on the democratic side who absolutely will not discuss any changes in entitlement programs. that makes it difficult, too. so you have to find a way we can bridge those gaps and people can recognize that some compromise is required. >> ifill: senator snowe, i hereby grant you a magic wand. what's the six? >> well, we could return to...
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90
Jun 5, 2012
06/12
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the fact is they've not erased a $3 million budget deficit. they've kicked the can down the road with some accounting gimmicks and put obligations off on future budgets. and they do not have $150 million surplus. and the people know this. that's what they're focused on. they're not focused on whether the president's going to show up. they're focused on making sure their backyard is right. there's no doubt when scott walker talks about reforms, he's talking about cuts. he's talking about cuts to workers, he's talking about making school districts taking it out of the hides of the teachers. i will tell you all across wisconsin, it's been the teacher that have been at the forefront of these rallies and also the teachers who have really been on the ground doing a lot of the work because they really feel education, which has been a real focal point of acceleration heritage and tradition in wisconsin that it's being attacked. it is all for a budget and, of course, the collective bargaining issue comes with it. they've done a great job. think about t
the fact is they've not erased a $3 million budget deficit. they've kicked the can down the road with some accounting gimmicks and put obligations off on future budgets. and they do not have $150 million surplus. and the people know this. that's what they're focused on. they're not focused on whether the president's going to show up. they're focused on making sure their backyard is right. there's no doubt when scott walker talks about reforms, he's talking about cuts. he's talking about cuts to...
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62
Dec 28, 2012
12/12
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so they didn't show as a deficit. a vendor ackley to the debt. so while the budgets were reasonable in that period of time, the actual spending didn't show in the budget and people didn't pay as much attention to the debt as they do today because it kept mounting and so we borrowed to pay for the war and in fact we didn't ask people to make sacrifices financially. >> there is a difference between borrowing in the future, paying for work and paying back words, we are having to pay right now. people might have felt differently if they had felt the pinch right at that time. we would have asked different questions and were asked, and i think that is one of the reasons we got where we are. and it's where we are. >> on appropriations could you have been any more vocal about it to provide us getting into this situation? >> welcome on was vocal about it. i don't know. when i got on the appropriations committee and became the chairman of the legislative branch all of the buildings, library of congress, congressional budget office, the cattle cars, office
so they didn't show as a deficit. a vendor ackley to the debt. so while the budgets were reasonable in that period of time, the actual spending didn't show in the budget and people didn't pay as much attention to the debt as they do today because it kept mounting and so we borrowed to pay for the war and in fact we didn't ask people to make sacrifices financially. >> there is a difference between borrowing in the future, paying for work and paying back words, we are having to pay right...